Long Island stocks on move
Guy holding chart Credit: Photos.com
CPI Aerostructures
(CVU)
Edgewood
$15.27 (week's change: +10.0%)
52-week return: +90.9%
Shares of the provider of military aircraft parts rose, along with the stocks of other local defense contractors, as some investors anticipate the war in Libya will mean a rise in defense spending.
MSC Industrial Direct
(MSM)
Melville
$69.48 (week's change: +7.5%)
52-week return: +40.0%
On the heels of several recent government reports indicating the economy is reviving, shares of the supplier of industrial tools and metalworking equipment hit an all-time high.
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